Paxos Agrees to $48.5 Million Settlement Over AML Deficiencies Linked to Binance Partnership
Main Idea
The content appears to be promotional material for cryptocurrency gambling platforms, highlighting various bonuses and features.
Key Points
1. Multiple gambling platforms offer high percentage bonuses (e.g., 360% up to $100,000, 250% up to 1 BTC).
2. Free spins are a common incentive, with offers ranging from 50 to 400 free spins.
3. Some platforms advertise no KYC (Know Your Customer) requirements and VPN-friendly access.
4. Additional perks include rakeback bonuses, weekly cashback, and instant withdrawals.
5. Promotions are tied to specific bonus codes (e.g., FIRST, BITBETS).
Description
The New York State Department of Financial Services (DFS) has reached a $48.5 million settlement with Paxos Trust Company due to deficiencies in its anti-money laundering (AML) program and failures in due diligence related to its partnership with Binance. Superintendent Adrienne A. Harris announced that Paxos will pay a $26.5 million penalty and invest an
Latest News
- $640 Million Flows Into Ether ETFs as Bitcoin ETFs Notch 7th Day of Gains2025-08-15 14:32:56
- Bitcoin Price Watch: BTC Consolidates Around $118.5K to $119K After Sharp Sell-Off2025-08-15 13:07:22
- Tron DAO, Justin Sun Accuse Bloomberg of False Asset Reporting2025-08-15 12:36:42
- Bullish’s Dazzling Debut Bolsters Red-Hot Year for Crypto-Linked IPOs2025-08-15 11:32:51
- BTCC Teams Up With NBA All-Star Jaren Jackson Jr. in First-Ever Sports Sponsorship2025-08-15 11:04:26